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u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks con
u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low...
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. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 budget will be cut by over $4 billion with $256 million cut from the federal student aid program. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire ou
. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 budget will be cut by over $4 billion with $256 million cut from the federal student aid program. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good...
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as head of u.s. ops, how closely are you watching the progress of those talks and if it appears that they break down at any point between now and the end of the year, what sort of contingency plans do you have built in? is there a plan to strip out a lot of capacity in a short period of time? >> carl, thank you for that question. u.p.s. believes that congress does need to move very quickly to get this done and we don't need to go up to the deadline. we work with over 9 million customers on a daily basis. they are telling us that there's a reluctance on their part to invest or hire more workers. it's a simple equation for u.p.s. fewer packages shipped means less jobs for our u.p.s. workers. we would like to see something get done very quickly. >> more and more sites are offering free shipping both ways for a certain size order. i'm wondering how that impacts u.p.s. do they get a flat rate or do they pay the same as any other person? >> we work with major retailers who we have set contracts with. certa
as head of u.s. ops, how closely are you watching the progress of those talks and if it appears that they break down at any point between now and the end of the year, what sort of contingency plans do you have built in? is there a plan to strip out a lot of capacity in a short period of time? >> carl, thank you for that question. u.p.s. believes that congress does need to move very quickly to get this done and we don't need to go up to the deadline. we work with over 9 million customers...
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the judge of the u.s. bankruptcy court will preside over a mediation between hostess lawyers and bakers union which had previously turned down a deal. tomorrow's mediation is private. that's important because like the public hearing today, of course, everyone wants to satisfy those who are watching and the vested interest at hand. this way they'll hopefully be able to put some concessions on the table without worry being that public perception. if that mediation does not resu result, the hearing that was going on today for the liquidation, that will resume wednesday at 11 a.m. if, in fact, they cannot reach an agreement tomorrow. for the meantime, a lot of people have been in the parlor game of speculating about whether a buyer will come to the fore. many companies have voiced they wouldn't step in before seeing the outcome of whether the company would be liquidating. in that case pick off the assets. we have heard sun capital potentially interested in a deal, that would be involving the unions. so that mi
the judge of the u.s. bankruptcy court will preside over a mediation between hostess lawyers and bakers union which had previously turned down a deal. tomorrow's mediation is private. that's important because like the public hearing today, of course, everyone wants to satisfy those who are watching and the vested interest at hand. this way they'll hopefully be able to put some concessions on the table without worry being that public perception. if that mediation does not resu result, the...
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i think the u.s. come to the bargain basement at the present time and with interest rates so very low, all-time record lows do you think the elimination of the mortgage deduction would have a significant impact on prices? >> i really don't. >> we have a short term impact on the lower price points. at the end of the day when we cut through all of the clutter, people need shelter, some form of shelter to that end, they can buy a home or they can rent, and i think there's people in america, whatever the price point, would prefer to rent, would prefer to purchase versus rent and i don't think they're looking first and foremost at the tax deduction as the key driver. >> ron, steve forbes here. what do you hear about how hard it is to get a mortgage, even though rates are low, and also what's happening in the jumbo mortgage market? in terms of availability of credit. >> you know, that's the real problem, if we look at what are the key issues that are really limiting housing purchases today, is the financial
i think the u.s. come to the bargain basement at the present time and with interest rates so very low, all-time record lows do you think the elimination of the mortgage deduction would have a significant impact on prices? >> i really don't. >> we have a short term impact on the lower price points. at the end of the day when we cut through all of the clutter, people need shelter, some form of shelter to that end, they can buy a home or they can rent, and i think there's people in...
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>> u.s.-based companies. i'm looking for companies whose primary operations are in the u.s. as opposed to emerging markets xhshgs is how i felt for the last few years. i think sectors such as pharma, specialty and big pharma, i think reit sector is very interesting because they can take advantage of the low treasury rates, and i think in the tech space there are a few opportunities but very selective to a handful of companies. >> i'm going to look at you here, joe. bellwether stocks and what they say about the nature of the market. years ago ibm was the bellwether stock. for years general electric, our former parent company, was the bellwether. now apple is with this huge rally today. i know you're a little skeptical about what this rally's employ tod -- about today. but do you follow it? >> i think everybody will agree on the cause but it's the longevity is where i take issue. apple will remain a proxy just because it has, obviously, enormous cash hoard. people are talking about what the dividend will look like. is that going to grow? plus we're only a few week as way from
>> u.s.-based companies. i'm looking for companies whose primary operations are in the u.s. as opposed to emerging markets xhshgs is how i felt for the last few years. i think sectors such as pharma, specialty and big pharma, i think reit sector is very interesting because they can take advantage of the low treasury rates, and i think in the tech space there are a few opportunities but very selective to a handful of companies. >> i'm going to look at you here, joe. bellwether stocks...
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i think out of all of them to me u.s. bank corp is the most stable one. if you had to pick one of the banks for the people playing our home game which do you go with? >> bb&t. i think it is a well managed company. they were off by 5% or so. they had some fundamental issues but got really overplayed here in the down fall. probably 200 to 300 basis points as we come to the conclusion that the fiscal cliff is not going to happen. >> is 23% enough that it makes sense why people are selling off the dividend paying stocks or is that a level that you say on this selloff i am ready to buy? >> so that is a great question and brings in a different area. everybody is saying lops there is weakness in there and under performing the market. that is tax policy reform. that is not happening until next year. the weakness today is unrelated to reform. and i say in the mortgage reach you see the same activity. we don't think the tax structure or code changes for those pieces materially. >> thanks for coming by. we appreciate it. >>> the stocks were once beaten down on fears
i think out of all of them to me u.s. bank corp is the most stable one. if you had to pick one of the banks for the people playing our home game which do you go with? >> bb&t. i think it is a well managed company. they were off by 5% or so. they had some fundamental issues but got really overplayed here in the down fall. probably 200 to 300 basis points as we come to the conclusion that the fiscal cliff is not going to happen. >> is 23% enough that it makes sense why people are...
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. >> so the international energy agency this week said the u.s. will be the largest global oil producer in 2020. this is amazing. so tell me about this sea change in global energy flows today. >> it's great to have more american-made energy, but it's not good enough. we also need to modernize our energy grid. it's not good enough to just be the best at producing the energy the last century. and we are going to spend a couple trillion dollars modernizing the grid, and the question is how we do it. hopefully we do it in a way that protects us from cyber security risks that makes the grid more resilient from storms. that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we c
. >> so the international energy agency this week said the u.s. will be the largest global oil producer in 2020. this is amazing. so tell me about this sea change in global energy flows today. >> it's great to have more american-made energy, but it's not good enough. we also need to modernize our energy grid. it's not good enough to just be the best at producing the energy the last century. and we are going to spend a couple trillion dollars modernizing the grid, and the question is...
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. >>> if the u.s. falls off the fiscal cliff, this would amount in an average increase of $3,500 per household. >>> bank of america is up big on an upgrade. >> upgraded to buy from hold, establishing a $11 target. about 17% return from current levels. thinking a drop in operating expenses will more than offset sluggish growth. bank of america up 68% or so year to date. >>> another stoke that is soaring, barclays. >> the all banking first two. goldman sachs adding this to their conviction buy list. a bit of an odd call though. goldman is basing this on their belief that in february at a big meeting barclays is going to announce restructuring of its operations. they're going to restructure, change some groups around. if they do it, goldman thinks it could have a sector leading up side. but they say even if barclays doesn't restructure the stock they believe has nice downside support. >> lowe's trading at 5 1/2-year highs. >> great story. profit 5 cents above expectations. they beat sales forecasts. here'
. >>> if the u.s. falls off the fiscal cliff, this would amount in an average increase of $3,500 per household. >>> bank of america is up big on an upgrade. >> upgraded to buy from hold, establishing a $11 target. about 17% return from current levels. thinking a drop in operating expenses will more than offset sluggish growth. bank of america up 68% or so year to date. >>> another stoke that is soaring, barclays. >> the all banking first two. goldman sachs...
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now some of this is because the u.s. travel market has begun to rebound. more people are renting cars all over the country. some have to do with hurricane sandy. 200,000 cars taken out of commission. and that should lead to a short term increase in demand. sandy bump won't last. the real reason for the resurface of the rental car business could be because of what happens in washington. it is one word. and that word is consolidation! over the last decade this industry has seen a series of merge ez that allowed the rental car companies to cut costs and also raise price. and with the recent acquisition of dollar thrifty by hertz, there are now only four players that really matter here. just four. and one of them, enterprise is private. which means you have only three possible ways to play this bull market. there is hertz, second largest player through enterprise and the largest traded rental company and avis. and now that thrifty is taken over, the last one is zip car. it's been a total dog. now back in june before we knew about the dollar thrifty deal, i tol
now some of this is because the u.s. travel market has begun to rebound. more people are renting cars all over the country. some have to do with hurricane sandy. 200,000 cars taken out of commission. and that should lead to a short term increase in demand. sandy bump won't last. the real reason for the resurface of the rental car business could be because of what happens in washington. it is one word. and that word is consolidation! over the last decade this industry has seen a series of merge...
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obviously in the u.s., fomc has to do something to replace operation twist. you look over to japan, you are finally getting chatter that they are going to get real aggressive, stimulus efforts, end could weaken. is it now looking like it is a globally coordinated effort here and just a race to take that currency as cheap as you possibly can get it? >> that's what you are seeing. really a keynesian warfare here across the world. big government is highly inn debt. all of the -- six of the major top ten economies. colossal debt, colossal leverage and they are trying to lever that up at this point. but the mark let fight them. i think it is about trading in -- inflection points. yen has been very, very weak. and as you said, and that's a sign that japan is moving that way. spain -- disturbing in europe in terms of their fiscal cliff, spanish ten years have been massively underperforming italian ten years. that's -- that's really a warning sign for another spain problem in the next couple of weeks. >> in your note today you say short the home builders and sell int
obviously in the u.s., fomc has to do something to replace operation twist. you look over to japan, you are finally getting chatter that they are going to get real aggressive, stimulus efforts, end could weaken. is it now looking like it is a globally coordinated effort here and just a race to take that currency as cheap as you possibly can get it? >> that's what you are seeing. really a keynesian warfare here across the world. big government is highly inn debt. all of the -- six of the...
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first of all, when the u.s. announced that secretary clinton would be coming here to visit, remember she came at the end of last year, some political prisoners were released. you had these elections, parliamentary elections. another award from the u.s. they opened an embassy. so they point out there are these little steps that this country has taken and that the u.s. has rewarded them, but at the same time, there is a long way to go. no one believes this country put behind it some of these struggles of the past. the president saying, that coming here will provide some encouragement on that long road to democracy, don. >> dan, i'm being informed that pictures we were looking at were indeed live. we aren't sure because we aren't in charge of the pictures. but again, the president leaving. tell me more about the trip. did she encourage this trip? >> she really did and remember, she also went to washington back in september and met with the president. very much wanted the president to come here. as you know, there i
first of all, when the u.s. announced that secretary clinton would be coming here to visit, remember she came at the end of last year, some political prisoners were released. you had these elections, parliamentary elections. another award from the u.s. they opened an embassy. so they point out there are these little steps that this country has taken and that the u.s. has rewarded them, but at the same time, there is a long way to go. no one believes this country put behind it some of these...
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he's the palestinian liberation organization representative to the u.s. mr. ambassador, thank you very much. >> thank you. >> i don't know if you were able to see what happened live on our air. when you see things like that, what goes through your head? >> well, what goes through my head, the suffering of my people in the gaza strip and the atrocities the israelis are committing against an innocent population. you referred anderson cooper referred in his report to 11 people killed from the same family. 4 under the age of 10, including a pregnant woman with a yet to be born baby. there is human suffering as a result of this israeli campaign. that's where our hearts and minds are right now. >> do you think the arab unification is the answer to the latest round of violence? >> arab unification? >> yes. >> i think the arabs are showing more sympathy and more support to the palestinian people. and they are making it clear to the israelis that they are not going to tolerate a continued campaign against the palestinian people. we have a political problem, don, there
he's the palestinian liberation organization representative to the u.s. mr. ambassador, thank you very much. >> thank you. >> i don't know if you were able to see what happened live on our air. when you see things like that, what goes through your head? >> well, what goes through my head, the suffering of my people in the gaza strip and the atrocities the israelis are committing against an innocent population. you referred anderson cooper referred in his report to 11 people...
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we see it from three sides, britain, russia, the u.s. it's a whole other ballgame when you look at three interests. russian eyes, english eyes, chinese eyes. if you can see history and have empathy for others, other than yourself, you broaden your compassion, and you broaden -- we become a member of the world. of the global community. and this is what obama has not done. now, he's basically operating as an outlier now. you asked about our criticism, it's couched in the context of 120 years of history. we started in 1900, we end now. it's a lot. and we start -- we mentioned woodrow wilson, world war ii, saying america is the savior of the world, remember, after versailles. we show that this mission to be a global policeman starts a long time ago. but it certainly grows dangerous after the atomic bomb in 1945. >> it's a fascinating project. thoroughly enjoy the book. it's a riveting history lesson. you bring this stuff to life. and i commend you for it. >> thank you. >> the untold history of the united states is on showtime. the book is av
we see it from three sides, britain, russia, the u.s. it's a whole other ballgame when you look at three interests. russian eyes, english eyes, chinese eyes. if you can see history and have empathy for others, other than yourself, you broaden your compassion, and you broaden -- we become a member of the world. of the global community. and this is what obama has not done. now, he's basically operating as an outlier now. you asked about our criticism, it's couched in the context of 120 years of...
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the u.s. is with you. president obama promising american support for myanmar as the once repressive regime travels the road to democracy. he is the first sitting u.s. president to travel there. he's also the first to go to cambodia, arriving there just this morning. that is the last stop on his very quick tour of southeast asia. >> and 2016. i know i know. it might be a long way away. but a certain senator from florida sure looked like a presidential candidate during this visit to iowa. marco rubio appearing saturday night at a fund-raiser for iowa governor terry branstad. in his speech the florida senator discussed the future of the republican party and addressed a host of issues including tax reform, national debt, immigration and the energy policy. >> no coincidence he shows up in iowa. the proposed key stone xl pipeline drawing thousands of protesters to the white house. the pipeline would help deliver oil from canada's tar sands to the gulf of mexico. last year president obama delayed a decision on th
the u.s. is with you. president obama promising american support for myanmar as the once repressive regime travels the road to democracy. he is the first sitting u.s. president to travel there. he's also the first to go to cambodia, arriving there just this morning. that is the last stop on his very quick tour of southeast asia. >> and 2016. i know i know. it might be a long way away. but a certain senator from florida sure looked like a presidential candidate during this visit to iowa....
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u.s. president has visited that country. mr. obama met democracy activist turned lawmaker aung san suu kyi. and says the country's made great strides toward democracy in an incredibly short amount of time. >> i want to make a pledge to the people of this country, that i am confident we can keep. that is if we see continued progress towards reform our bilateral ties will grow stronger and we will do everything we can to help ensure success. >> he was on the ground there for six hours. suu kyi struck a note of caution, warning of the risks of a mirage of success in myanmar. cnn's dan lothian is traveling with the president. he will have a live report just ahead. >>> vice president joe biden gets a good look at what superstorm sandy left behind in seaside heights, new jersey. he met with first responders who lost their homes. he also checked out the battered coastline by helicopter yesterday. president obama vows to help the area make a complete recovery. >> but the president's made it clear
u.s. president has visited that country. mr. obama met democracy activist turned lawmaker aung san suu kyi. and says the country's made great strides toward democracy in an incredibly short amount of time. >> i want to make a pledge to the people of this country, that i am confident we can keep. that is if we see continued progress towards reform our bilateral ties will grow stronger and we will do everything we can to help ensure success. >> he was on the ground there for six...
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troops, u.s. troops are concerned? there was a massive u.s.-easy rail he military exercise here in israel a few weeks ago and now learning some of those troops still are here? what's going on, barbara? >> israeli say, in fact, wolf, a small number u.s. troops still in israel hangers on if you will from that exercise. but they had to move them. they were at a base in southern israel and that put them in range of those rockets from gaza. so the israelis have now moved them to a base in a more central area of israel covered by israeli air defenses. they feel they'll be much more safe there until they can get them out and send them home, wolf. >> barbara starr in washington for us, thank you. israel's firing back for hamas rocket attacks but the country faces another kind of threat, as well. cyber warfare. an unprecedented number of attacks. stand by for details. ♪ [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine
troops, u.s. troops are concerned? there was a massive u.s.-easy rail he military exercise here in israel a few weeks ago and now learning some of those troops still are here? what's going on, barbara? >> israeli say, in fact, wolf, a small number u.s. troops still in israel hangers on if you will from that exercise. but they had to move them. they were at a base in southern israel and that put them in range of those rockets from gaza. so the israelis have now moved them to a base in a...
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serious -- no u.s. mediation since then, but i think with a new secretary of state and new administration, the president just re-elected there will be an intensified u.s. effort underway fairly soon. let's see if there's a cease-fire first. >> yeah, wolf, we had a chance to talk to george mitchell last week about some of his efforts in that area. what do you think? does tony blair think this new egyptian president of the muslim brotherhood, mohammed morsi will be somebody who really wants to create peace there, because we know he has a very different relationship with hamas than the former egyptian president. >> right. he is much more different than former president hosnni mubarak. he has a lot at stake right now, and he knows it, president mor of egypt. he is trying to improve his country, and he knows if egypt, for example, were to sever its peace treaty, that was seriously rupture the entire egyptian relationship with the united states. egypt still gets a lot of economic assistance from the united st
serious -- no u.s. mediation since then, but i think with a new secretary of state and new administration, the president just re-elected there will be an intensified u.s. effort underway fairly soon. let's see if there's a cease-fire first. >> yeah, wolf, we had a chance to talk to george mitchell last week about some of his efforts in that area. what do you think? does tony blair think this new egyptian president of the muslim brotherhood, mohammed morsi will be somebody who really wants...
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so the u.s. appears to be quite satisfied with what egypt is doing. u.s. has said they don't want to see a ground war while constantly saying that they obviously support israel's right to self-defense. >> and christiane what about the palestinians on the west bank not aligned with hamas. what is the palestinian government saying there? >> reporter: well, you know, again, this whole situation is such an almighty mess that there is a very good question. the palestinians are divided. you've got the palestinian authority that rules basically on the west bank not far from where i am which is separated from israel by the wall and you have hamas that rules gaza. however, in cases like this the palestinians at least in public stand shoulder to shoulder and the palestinian authority has said that, look, we have to stop what they call the israeli aggression. at the same time senior members of the palestinian authority have gone to gaza to talk to hamas. i have spoken to one of them, and he tells me that he believes hamas is serious about trying to achieve a cease-fi
so the u.s. appears to be quite satisfied with what egypt is doing. u.s. has said they don't want to see a ground war while constantly saying that they obviously support israel's right to self-defense. >> and christiane what about the palestinians on the west bank not aligned with hamas. what is the palestinian government saying there? >> reporter: well, you know, again, this whole situation is such an almighty mess that there is a very good question. the palestinians are divided....
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he touched on the u.s. history of discrimination, saying once the color of my skin would have denied me the right to vote. so the point he was making is that if the u.s. can transcend such major differences, so too can myanmar. dan lothian is there in the room. dan, what is the headline here you think from this speech? >> reporter: well, i think you touched on it earlier where you talked about this delicate balance that the president has to do when dealing with myanmar. first of all, essentially congratulating this country for its place in history, for some of the reforms that have taken place. but not mincing words when he talked specifically about what this country needs to do in order to move forward when it comes to reform. you touched on those already. he essentially had a laundry list of things, the right of people to assemble must be respected. the veil of media censorship must continue to be lifted and corruption must be left behind. the president sounded cautiously optimistic, talking about yes, we
he touched on the u.s. history of discrimination, saying once the color of my skin would have denied me the right to vote. so the point he was making is that if the u.s. can transcend such major differences, so too can myanmar. dan lothian is there in the room. dan, what is the headline here you think from this speech? >> reporter: well, i think you touched on it earlier where you talked about this delicate balance that the president has to do when dealing with myanmar. first of all,...
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president and the secretary of state, the u.s. president, they've been talking to all sorts of leaders. let's see what happens. i'm only a few miles north of the gaza border right now. it's eerie here. the cafes are pretty much deserted. i was walking along the mediterranean beach. normally there would be a lot of people, it's a beautiful day here. pretty much deserted. i just got to an israeli area where there's a shelter for school kids. you hear the sirens going off. as soon as i got here a few hours ago the sirens went off. the soldiers rushed everyone into these bomb shelters, into these areas. you could see why people are terrified about what's going on. apparently in this particular inciden incident, when i heard the thuds, when i heard the sirens going off, the iron dome, this anti-missile system, seemed to have worked. we saw huge plumes from what this iron dome system had done. it's bad on both sides. you ask how much longer is it going to wait before the israelis move in? i know israelis don't want to move personnel for
president and the secretary of state, the u.s. president, they've been talking to all sorts of leaders. let's see what happens. i'm only a few miles north of the gaza border right now. it's eerie here. the cafes are pretty much deserted. i was walking along the mediterranean beach. normally there would be a lot of people, it's a beautiful day here. pretty much deserted. i just got to an israeli area where there's a shelter for school kids. you hear the sirens going off. as soon as i got here a...
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he said the u.s. is working with all parties. mr. obama made history becoming the first u.s. president to visit myanmar. >>> the tri spent most of the past four months aboard the international space station. during the trip williams broke the record for time spent space walking. she clocked 50 hours and 40 minutes. the state department is updating how it deployed security around the globe. forces deployed will be monitored so they can help during emergencies in needed. the change comes over how the obama administration handled the crisis in benghazi. i'm don lemon keeping you informed. and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. for their annual football trip. that's double miles you can actually use. tragically, their buddy got sacked by blackouts. but it's ou
he said the u.s. is working with all parties. mr. obama made history becoming the first u.s. president to visit myanmar. >>> the tri spent most of the past four months aboard the international space station. during the trip williams broke the record for time spent space walking. she clocked 50 hours and 40 minutes. the state department is updating how it deployed security around the globe. forces deployed will be monitored so they can help during emergencies in needed. the change comes...
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but it is egypt who is taking the lead and all the u.s. and other officials are talking to the palestinians via the egyptians. >> christiane amanpour, appreciate it, we'll check in with you throughout the day and well into the night here on cnn. >>> ben wedeman was early on the scene of the strike that we witnessed earlier today. several hours today -- several hours earlier today on the media center, three rockets hitting a lower floor in that building according to israeli officials, killing one member of islamic jihad and palestinian sources on this side also verifying that. ben filed this report. take a look. >> reporter: about 3:20 in the afternoon we heard three large explosions. we saw a great big ball of flame coming out of the third floor. it appears to have been an israeli air strike. this is a building that contains the offices of a television station affiliated with the hamas movement. it also was hit the day before. apparently people in the building did get a phone call from the israeli military, telling them to leave. now, we d
but it is egypt who is taking the lead and all the u.s. and other officials are talking to the palestinians via the egyptians. >> christiane amanpour, appreciate it, we'll check in with you throughout the day and well into the night here on cnn. >>> ben wedeman was early on the scene of the strike that we witnessed earlier today. several hours today -- several hours earlier today on the media center, three rockets hitting a lower floor in that building according to israeli...
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. >> this just in that a senior u.s. defense official does tell us that the e-mails with jill kelley and general allen were flirtatious in nature. (laughter). >> jon: you broke into the broadcast for that? this just in! the captain of the varsity football team jeremy winters is believed to have -- what's that? yes, i am getting confirmation! he totally (bleep) tammy blankenship under the bleachers. what's that? marsha says so as well? that's two sources. (laughter) by the way, we haven't even got on the the most amazing fact about these flirtatious e-mails. >> the f.b.i. has turned over 20,000 to 30,000 pages of documents found during the probe. many are e-mails between allen and kelley sent over the last two years. >> 30,000 pages of e-mails? i can understand that if stephen king and george r.r. martin were having an affair. (laughter) those are some prolific mother (bleep)ers. (laughter) but there's a fine line between seduction and spamming someone. (laughter) i don't think i've got than many e-mails ever and i was on
. >> this just in that a senior u.s. defense official does tell us that the e-mails with jill kelley and general allen were flirtatious in nature. (laughter). >> jon: you broke into the broadcast for that? this just in! the captain of the varsity football team jeremy winters is believed to have -- what's that? yes, i am getting confirmation! he totally (bleep) tammy blankenship under the bleachers. what's that? marsha says so as well? that's two sources. (laughter) by the way, we...
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one of britain's great u.s. piece, one of our great sales proposition is our openness and this openness is a vital part of our modern industrial strategy. the fact that we are such an open economy is a calling card for britain all over the world and internationally recognized. foreign investment creates jobs and wealth and growth. and far from weakening our base the investment actually strengthens it. look at our car industry. japanese investment. foreign investment is positively beneficial for british jobs in manufacturing and for the reba lansing of our economy that is so essential. and there is a similarly positive story on trade too. more free trade will mean more growth that's why i'm determined to leading new international trade agreements that will benefit britain inincluding e.u. deals with the u.s. and japan in the next year. free trade in in our d.n.a. and with all the institutions and legal expertise here in london, we're not just a great country to trade with, we can also be a country of choice for o
one of britain's great u.s. piece, one of our great sales proposition is our openness and this openness is a vital part of our modern industrial strategy. the fact that we are such an open economy is a calling card for britain all over the world and internationally recognized. foreign investment creates jobs and wealth and growth. and far from weakening our base the investment actually strengthens it. look at our car industry. japanese investment. foreign investment is positively beneficial for...
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when the u.s. government wants to buy microsoft products, not the u.s. government and agencies asked bill gates and microsoft, we are going to bite your product. we want your source code, which is the details of how your systems work. bill gates says, no, nobody gets our source code. it is proprietary. we do not get it in america. china -- we have people here who want to go on the internet, we are willing to pay license fees and are willing to pay your -- we want your source code. he says now. and we sit by the way, not only do we want your source code, we want you to make unique modifications to the microsoft systems. he says no, i do not do that. it is all the same. then he looks to the numbers and bill gates says, i guess i will give you the source code and the modification. you have heard of the great wall of china -- there's also the great fire wall of china. that country, with all those users, i'm going a little bit over the top on this, but not far from it, they can basically throw a switch and shut the rest of the world off. we do not have that c
when the u.s. government wants to buy microsoft products, not the u.s. government and agencies asked bill gates and microsoft, we are going to bite your product. we want your source code, which is the details of how your systems work. bill gates says, no, nobody gets our source code. it is proprietary. we do not get it in america. china -- we have people here who want to go on the internet, we are willing to pay license fees and are willing to pay your -- we want your source code. he says now....
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the u.s. house of representatives, government closest to the people. 3 million more americans voted for mitt romney then voted for john mccain. we are still at least in parity with the democratic party. we don't need to do anything. we don't need to move away from our conservative principles. what we need to do is nominated conservative candidate. then those 3 million people will be motivated to go back to the polls and vote for republicans. this was not a philosophical victory for barack obama. it was not a victory based on any demographics or all the prognostication and the analysts. it was a victory based on turnout. the democrats were able to turn out more votes than the republicans did. in some cases i believe there is still massive voter fraud in this country. when you have 20,000 people in voting in philadelphia for barack obama and none for mitt romney and you have 90% turnout in some of those spots, that is pretty obvious. the attorney generals in these republican states need to let t
the u.s. house of representatives, government closest to the people. 3 million more americans voted for mitt romney then voted for john mccain. we are still at least in parity with the democratic party. we don't need to do anything. we don't need to move away from our conservative principles. what we need to do is nominated conservative candidate. then those 3 million people will be motivated to go back to the polls and vote for republicans. this was not a philosophical victory for barack...
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we will hear from the u.s. ambassador to china. our live coverage begins tomorrow at 9:15 on c-span2. >> the mindset of the world, was into the mid 1990's that wire line access would -- with stuff on poles or in the ground was the key to understanding telecommunications. the intriguing part of the wireless story is how very few people inside the industry - back- that is why the report came out the way it did. it must not just the fcc who did not understand the potential of the wireless. it was the entire industry. except for a few visionaries who were regarded as kooks. turned out to be the case was the hope that some people had that you could have a robustly competitive fixed line access industry, where a half dozen companies are offering telephone service over luetkemeyer. -- over wire. that vision was mistaken. >> 30 years later, was a good idea to crank up at&t. monday night at 8:00 eastern on c-span2. >> now british prime minister david cameron discusses the uk's economic and foreign policy. this will be his third time speakin
we will hear from the u.s. ambassador to china. our live coverage begins tomorrow at 9:15 on c-span2. >> the mindset of the world, was into the mid 1990's that wire line access would -- with stuff on poles or in the ground was the key to understanding telecommunications. the intriguing part of the wireless story is how very few people inside the industry - back- that is why the report came out the way it did. it must not just the fcc who did not understand the potential of the wireless....
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the u.s. passport, with a $5 bill, it would help the process. the employer has to take his identification documents. it is cumbersome, it is troubling. our temporary worker program is the biggest portion -- temporary worker, a guest worker, what have you. it has to be as 0 impact item. the american worker is number one. only if the american worker is not available for the trouble we go for the guest worker. -- only if the american worker is not available will we go for the guest worker. as an employer, we lay someone off and they go to the texas workforce commission and that is where the at the unemployment benefits. nobody knows who is unemployed more than the texas workforce commission. nobody knows the job creators better than the texas workforce commission. if they were able to administer the guest worker program instead of coming to the disney will of government, it would be a much more efficient process. we need to work with the thought of government to streamline the process and make su
the u.s. passport, with a $5 bill, it would help the process. the employer has to take his identification documents. it is cumbersome, it is troubling. our temporary worker program is the biggest portion -- temporary worker, a guest worker, what have you. it has to be as 0 impact item. the american worker is number one. only if the american worker is not available for the trouble we go for the guest worker. -- only if the american worker is not available will we go for the guest worker. as an...
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in the u.s. than we would have otherwise earned. that prospect is now less than 20 years away. the major financial crisis brought on by high levels of debt could have a negative impact on the economy than these numbers indicate. in the short term, the primary impact of the debt trajectory viewed as unsustainable is more uncertainty. we live with that today. there is more uncertainty about future taxation and spending policy. there is more uncertainty about government's ability to prepare for future needs by reloading the fiscal canna necessary to deal with the geopolitical or economic issues. there is more uncertainty about central bank intervention in the credit markets and when it will end and the subsequent course of interest rates. increasing. there's more uncertainty about who will hold the debt, who will get caught holding the bag when the low interest rate party ends? at nasdaq, are listed companies cannot innovate or concentrate on investing in new capital, hiring new workers, grow their
in the u.s. than we would have otherwise earned. that prospect is now less than 20 years away. the major financial crisis brought on by high levels of debt could have a negative impact on the economy than these numbers indicate. in the short term, the primary impact of the debt trajectory viewed as unsustainable is more uncertainty. we live with that today. there is more uncertainty about future taxation and spending policy. there is more uncertainty about government's ability to prepare for...
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we will hear from the u.s. ambassador to china. our live coverage begins tomorrow on c-span 2. we will look at immigration policy at the american enterprise institute. speakers include utah's's attorney general. then the ceo of the nasdaq stock exchange talks about the so- called sysco close and its effect on capital markets. that is at 1:00 p.m. eastern. tomorrow night, the former abc anchor ted koppel, talks about the future of news. now british prime minister david cameron speaks at the they quit in london about economic and foreign policy. this will be -- speaks at the banquet about economic and foreign policy. this is about 40 minutes. >> the queen. ["god save the queen" plays] ♪ >> prince philip, duke of edinburgh, the duchess of cornwall, and the other members of the royal family. ♪ ["god save the queen" plays] ♪ >> the lord mayor. [applause] >> my late lord mayor, your grace, lord chief lawyer, prime minister, your excellencies, lord, older men, sheriff, cheap, and are, ladies and gentlemen, welcome. welcome from clear and deep. -- from claire and me. in a special
we will hear from the u.s. ambassador to china. our live coverage begins tomorrow on c-span 2. we will look at immigration policy at the american enterprise institute. speakers include utah's's attorney general. then the ceo of the nasdaq stock exchange talks about the so- called sysco close and its effect on capital markets. that is at 1:00 p.m. eastern. tomorrow night, the former abc anchor ted koppel, talks about the future of news. now british prime minister david cameron speaks at the they...
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much more complicated in china than in the u.s. given the array of reforms that are corte each country's future. you need to take that complexity into account and you anticipate what is going to occur there. in china this requires changes in the development model that china is pursuing and basically changes from the former model to the least what they have anticipated in -- what they stipulated in the five-year plan. something closer to what is in the world bank report that came out last spring. these are very complicated and wide ranging changes. there are deeply rooted vested interests that will oppose parts of the 12 fighter plan and these are powerful interests. local, territorial, and -- political leaders. this is in part because they benefit from the current development model. they have a lot of power within their bailiwicks and a lot of flexibility. it is in part i have been startled as i get into this issue more. many of these positions are bottom sold. this is not necessarily a meritocracy move. people did not handle thems
much more complicated in china than in the u.s. given the array of reforms that are corte each country's future. you need to take that complexity into account and you anticipate what is going to occur there. in china this requires changes in the development model that china is pursuing and basically changes from the former model to the least what they have anticipated in -- what they stipulated in the five-year plan. something closer to what is in the world bank report that came out last...
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. >> officials u.s. records? >> that is right. that is a very disturbing thing to learn -- what we did when we withdrew, when the army withdrew from the north korean side of the 30th parallel, we devastated everything from their capital through the 30th parallel. we bombed them. we napalmed them. we shot them. it was total devastation, and our army did that under orders. it made the american boys -- and our american soldiers were always gently raised by their mothers. it made them sick. they came back from all of these bombing raids. they came back -- they just vomited and were sick. they did not want to do this, but they were ordered to do it. >> it is interesting that after writing about harry truman and the bomb, you write this -- "the korean war transformed the united states into a very different country. it soon had hundreds of permanent military bases abroad, a large standing army, and a permanent national security state at home. we can add to that a huge military force, a pension for invading foreign countries on little or
. >> officials u.s. records? >> that is right. that is a very disturbing thing to learn -- what we did when we withdrew, when the army withdrew from the north korean side of the 30th parallel, we devastated everything from their capital through the 30th parallel. we bombed them. we napalmed them. we shot them. it was total devastation, and our army did that under orders. it made the american boys -- and our american soldiers were always gently raised by their mothers. it made them...
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he said, i will protect u.s. much as i can. -- you as much as i can. he never told his daughter the episode of the suicide until she was a grown woman. she resented that, but she got over it. bess like public life because there was this dark secret that would come out and humiliate her and, in the fact, say her genes were injured. but it never came out. harry protected it and went to his grave and she did -- it was not public knowledge. >> where did you find it? >> it is in these papers. the truman papers, the letters. it is not hitting in the papers. -- hidden in the papers. it is just there. there are also, in the papers, stories about how her friends helped her get over it. she was a young girl, a teenager, when this happened. her friends did their best to comfort her. they said they could not do anything -- she would not be comforted. it was such a smashing of that for that family. >> why did you spend not so much time but a lot of time on harry truman pursuing bess? wallace? was that the last name? >> bess wallace -- i do not know what it was abou
he said, i will protect u.s. much as i can. -- you as much as i can. he never told his daughter the episode of the suicide until she was a grown woman. she resented that, but she got over it. bess like public life because there was this dark secret that would come out and humiliate her and, in the fact, say her genes were injured. but it never came out. harry protected it and went to his grave and she did -- it was not public knowledge. >> where did you find it? >> it is in these...
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the washington journal reporter looks at the u.s. oil output and efforts to make the country energy independence and the former executive assistant director talks about the fbi's role in investigating cyber crimes. live on c-span. >> foreign policy scholars will discuss the united states relationship with china and political, economic, and national security challenges. our live coverage begins tomorrow at 9:15 eastern on c- span 2. >> the mindset of the world well into the mid 1990's was that wireline access was either on poles or in the ground was the key to understanding telecommunications. the intriguing part of the wireless story is how very few people inside the industry -- that is why the mckinsey report came out the way it did. it was not just judge greene who did not understand wireless. it was the entire industry, except for visionaries regarded as kooks. what turned out to be the case was the hope some people have have a fixedo industry were half a dozen companies are offering telephone services over cables or copper wire p
the washington journal reporter looks at the u.s. oil output and efforts to make the country energy independence and the former executive assistant director talks about the fbi's role in investigating cyber crimes. live on c-span. >> foreign policy scholars will discuss the united states relationship with china and political, economic, and national security challenges. our live coverage begins tomorrow at 9:15 eastern on c- span 2. >> the mindset of the world well into the mid...
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the u.s.a. by the way. what do you imagine doing? >> this is a big team effort. we brought on mary beth and paul and jeff. some of us can't just pull look, we are spending these next days and weeks talking about what happened next force. we built up somewhat of a brand in washington at least and we have a donor base and it doesn't seem like crossroads is going away or the chamber will stop spending money. so we're thinking about what's the best next step. >> so that's the future, is life for the super pacs. they turn into lobbying organizations because they've got all these people. they're being i assume paid enough to pay the rent, and they have a brand. that's exactly what you're hearing from american crossroads. plus the addition that to the extent they're doing this through nonprofits they actually need to lobby to keep their irs status. they have done all this campaign activity and that sec for they need to produce lobbying and noncampaign activity to prove the the iris they aren't just d
the u.s.a. by the way. what do you imagine doing? >> this is a big team effort. we brought on mary beth and paul and jeff. some of us can't just pull look, we are spending these next days and weeks talking about what happened next force. we built up somewhat of a brand in washington at least and we have a donor base and it doesn't seem like crossroads is going away or the chamber will stop spending money. so we're thinking about what's the best next step. >> so that's the future, is...
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the former u.s. comptroller general from 1998 to 2008 and would be the chief auditor of the united states he is now the founder and ceo of come back america. you've been watching this process for a long time. how would you describe the fiscal conditions in the country right now? >> they are poor and deteriorating. one the american people at heard a lot about the so-called cliff that is supposed to happen at the end of this year and we need to avoid the fiscal cliff but we need to recognize that is actually the symptom it's not the disease. the disease of the large and growing structural deficits that lie ahead that represent the fiscal of this so we have to avoid the fiscal cliff and build a bridge to address the fiscal abyss. >> what is your level of confidence that first things first the fiscal cliff can be avoided? >> i am cautiously optimistic. the first week we heard some good language from both sides. last week was rather disappointing but i think that both sides really do want to avoid it and
the former u.s. comptroller general from 1998 to 2008 and would be the chief auditor of the united states he is now the founder and ceo of come back america. you've been watching this process for a long time. how would you describe the fiscal conditions in the country right now? >> they are poor and deteriorating. one the american people at heard a lot about the so-called cliff that is supposed to happen at the end of this year and we need to avoid the fiscal cliff but we need to...
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and, indeed, most of the u.s -- nearly all of the u.s. has that many wireless carriers. so i'm not particularly worried. i think the main issue about the reliance on competition in wireless to keep us all amendment and innovative is the spectrum issue. the government still sits on an enormous quantity of spectrum that is either underutilized or not utilized at all, and sometime over the next few years we have to break that loose and create substantially more spectrum that's available to the private sector for use in wireless telephony and telecommunications. i think that will happen, although every time one makes a step, one finds resistance. and so, you know, my -- i think the single most important policy issue for us in the next few years is to make certain that the spectrum available for wireless telecommunication is adequate to support the growth of the industry that consumers and the firms are going to want to take us into. >> guest: so i think that the spectrum issue is of foremost importance, and i think there was a huge innovation made around 1994. myself and som
and, indeed, most of the u.s -- nearly all of the u.s. has that many wireless carriers. so i'm not particularly worried. i think the main issue about the reliance on competition in wireless to keep us all amendment and innovative is the spectrum issue. the government still sits on an enormous quantity of spectrum that is either underutilized or not utilized at all, and sometime over the next few years we have to break that loose and create substantially more spectrum that's available to the...
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given what i project to be our coalition in u.s. support in the summer of 2013, i am confident in the ability of the afghan national security forces to secure those five geographical areas. they will still need in some cases our combat operations to take place. they will need is to provide enabling support, and we will still be doing the advice and assistance mission as we transition enlargement advice as his mission in 2013. the next major event is the elections of 2014. and begin to look at the afghan capability combined with what i believe to be resources that will provide, and look at where the taliban is at this particular time and where they'll be in 2014, i project the afghans will be able to provide security at the time as well. i think in addition to look at the level of violence, where it's occurring outside the populated areas it's also important to note the taliban has had significant leadership losses over the last two years. the average age of a taliban leader that is probably 10 years younger than it was when the war
given what i project to be our coalition in u.s. support in the summer of 2013, i am confident in the ability of the afghan national security forces to secure those five geographical areas. they will still need in some cases our combat operations to take place. they will need is to provide enabling support, and we will still be doing the advice and assistance mission as we transition enlargement advice as his mission in 2013. the next major event is the elections of 2014. and begin to look at...
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mitt romney saying you won't see any sunlight between the u.s. and israel. is the u.s. relationship and vice versa a healthy relationship? >> guest: it's a remarkable relationship between one of the nation's that have the small majority in israel and our great country. and it's almost a mystical relationship when you think of how much support we have showered on israel and how much support we get back. it's due to the fact that this is not just jewish support, we're only 2% of the population in the united states. it's because we have shared values, shared enemies and islamic terrorism that many people in the united states view israel as the holy land. not just jews, but non-jews as well. so it's a quite remarkable thing at a time when there is so much polarization between the republicans and democrats, it's one of the few foreign policy issues that actually unite democrats and republicans. >> host: the future of the jews is your book title provocative in any way, and do you mean it to be? >> guest: i mean it to be because the question is can a people who have survived c
mitt romney saying you won't see any sunlight between the u.s. and israel. is the u.s. relationship and vice versa a healthy relationship? >> guest: it's a remarkable relationship between one of the nation's that have the small majority in israel and our great country. and it's almost a mystical relationship when you think of how much support we have showered on israel and how much support we get back. it's due to the fact that this is not just jewish support, we're only 2% of the...
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>> the u.s. defense agency has said information and intelligence are the fire and maneuver of the 21st century. those of you who are familiar with more fighting back since with pakistan, iraq and afghanistan know how important this has become but though one raid did iraq where operator seized the computer equivalent of the rolodex negative a rolodex that tracked 500 al qaeda suicide bombers or terrace filtered into iraq through syria. but the database of 500 individuals that were recruited to blow themselves up was critical with the effort to take al qaeda at it is in mesopotamia apart inside iraq. >> the mother lode of documents seized that has been known as the sinjar parade illustrates the point* nicely made by lt. general lewis, or flynn six years after a 9/11 attacks that intelligence committees representing a wide variety of agencies, but notorious and secret, had been collaborating on the unprecedented capability to crush the terrorist networks. addition to the special ops they used superc
>> the u.s. defense agency has said information and intelligence are the fire and maneuver of the 21st century. those of you who are familiar with more fighting back since with pakistan, iraq and afghanistan know how important this has become but though one raid did iraq where operator seized the computer equivalent of the rolodex negative a rolodex that tracked 500 al qaeda suicide bombers or terrace filtered into iraq through syria. but the database of 500 individuals that were...
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. >> the u.s. and the british intelligence agencies overthrew them much on the fact that they didn't like the oil. >> john: and this is under eisenhower. >> yes. >> john: we're still paying for this policy of 1953 -- >> and the [ inaudible ] brothers. >> john: hey. >> and at that period we were doing that frankly all over the world. >> john: yeah, sure. >> in avenue ka we were putting down movements. >> john: but theory -- history lesson is by putting in this dictator who hated hi own people. and then they became mega religious conservatives and we're all paying the pricer for it. >> there is a clear-eyed view of what america standing for, and a ground swell of goodwill there. you would meet people on the street. people who worked at the former us air base there, who liked america. they still like our culture -- jov yes, and our entertainment and technology, but not our politics. >> yeah. yeah. >> john: that was what was interesting to me, all of these people saying let's nuke these people who were
. >> the u.s. and the british intelligence agencies overthrew them much on the fact that they didn't like the oil. >> john: and this is under eisenhower. >> yes. >> john: we're still paying for this policy of 1953 -- >> and the [ inaudible ] brothers. >> john: hey. >> and at that period we were doing that frankly all over the world. >> john: yeah, sure. >> in avenue ka we were putting down movements. >> john: but theory -- history...
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and in an 18-month span, three attacks on the u.s. embassy or consulate or barracks in beirut. 330 people were killed. what was the national security response from the reagan administration? nothing. nothing. zero. weinberger was afraid because he didn't want to rile up the arab world and caspar weinberger begged reagan to move the marines out of the barracks. he said they were sitting ducks. reagan refused. 220 marines dead. if ollie north wants to go back and talk about reagan and wants to talk about attacks on the embassies and consulate, he ought to keep in mind over 300 people were killed in beirut. but he think the four people killed in benghazi is worse than watergate. >> on the plus side, we did this in the rhode islands. >> 48 hours after the bombing. >> stephanie: maybe he would like to trade some arms. all right. 19 minutes after the hour. back with more eric boehlert on "the stephanie miller show." >> it's like a mensa meeting with fart jokes. it's "the stephanie miller show." smiles make more smiles. when the chocolate is
and in an 18-month span, three attacks on the u.s. embassy or consulate or barracks in beirut. 330 people were killed. what was the national security response from the reagan administration? nothing. nothing. zero. weinberger was afraid because he didn't want to rile up the arab world and caspar weinberger begged reagan to move the marines out of the barracks. he said they were sitting ducks. reagan refused. 220 marines dead. if ollie north wants to go back and talk about reagan and wants to...
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the u.s. economy is sustaining the planet. >> two of the three major players, at least, the u.s. and europe are majorly concerned with expenditure and death. china doesn't have the same thing. but they are doing all kinds of crazy things in china as well. it is hard to see where any growth is going to come from and anybody will lead the world into a better economic situation. nobody is making the right decision. >> yet, the dow is up 207 points on the idea that there might be a deal in the making. we are starting hear whispers that something could be happening moving forward. i want to know will the market rate the quality of this? will they go up on a fundamentally improve the situation and go down on kicking the can down the road? >> i think the markets will go up. they will go up as long as something reasonable is done. they will be relieved that at least we kicked the can a year or two. i would be shocked if we agree to anything that addresses the long run of things. gerri: i think you said it best. a reasonable deal, thank you for coming on. it's always a pleasure to see you
the u.s. economy is sustaining the planet. >> two of the three major players, at least, the u.s. and europe are majorly concerned with expenditure and death. china doesn't have the same thing. but they are doing all kinds of crazy things in china as well. it is hard to see where any growth is going to come from and anybody will lead the world into a better economic situation. nobody is making the right decision. >> yet, the dow is up 207 points on the idea that there might be a deal...